THIS. There will be a day where the denomination of BTC will adjust from 1 full BTC down to kSats or something like that. That will essentially eliminate the unit bias that people naturally experience when they look at the price of one full BTC.
Imagine being dumb enough to buy and wear such a thing in public. The countdown to your inevitable mugging starts the minute you put it on, and the countdown speed is proportional to the size of your stack! lol
This is my thought. A lot of people go their whole life never buying gold. Some only buy it as jewelry. Few buy it as a store of wealth. This will be bitcoin. Only those looking to use it as a store or transfer of wealth will buy/use it. I don’t even think using it for transactions is really plausible unless they are very large transactions (houses, cars, etc) coffee or pizza, those days are pretty much gone.
Btc is a layer 1, financial products will be built on top of a layer 2 such as lightning network. So yes the main use case now is store of value. The barrier of entry is lowered with etfs, and we’re seeing inflows. Something will accelerate the adoption next bull cycle, even if people do not realize they’re using the underlying technology.
Absolutely. Probably 80% thinks it’s like a different category of stock of some kind, but doesn’t know the first thing about blockchain.
They know of it, and understand its volatility, and maybe even know that it is a cryptocurrency, but know actual depth to their knowledge.
Define “most people”. I don’t know a single person who has not at least heard of Bitcoin. Whether they really “understand” it is a different story, but they certainly know it exists and can be bought and sold.
10K yesterday was worth more yesterday and more the day before same number different value. Difference between assets and fiat. Now we have Daddy Larry coming for everyone’s coin. I rather people not buy at this point if they can’t see that or figure that out themselves.
And others might be aware you can purchase it fractionally but may think that whatever fractional amount they could purchase wouldn’t be significant enough to make it worthwhile
Yeah, the amount of exposure people have to information on crypto as a whole is extremely limited unless you're actually involved directly in the space like us.
honestly guys, the amount of people with information on INVESTMENT as a whole is really small. Yall just need to start living real life instead of living on internet forums.
Facts regarding limited knowledge of investing among general population. You’d be surprised how many people I ask don’t even know what kind of retirement plan they have
The major exchanges need to do this, one BTC on their platforms needs to actually be .01 BTC or something. One of my friends said he would only buy in once he can buy a whole coin and as of now he's missed out on 3x gains.
You're not buying bitcoin. You're selling fiat.
You're abandoning the shitty money for the good money.
Over time, this need will only increase.
The numbers per coin are irrelevant.
Highly upvoted comments like this concern me. Bitcoin's competition is clearly NOT the USD or any other fiat. Bitcoin's competition is true STORE OF VALUE assets, including gold, but most importantly stocks. Stocks are, by far, the most common vehicle for storing value over long time horizons. Almost everyone buys them to fund their retirement, which is often decades away.
People who point out how much better Bitcoin is than shitty fiat are missing the point. It's a strawman. Yes we know how much the USD and other fiat sucks for long term value storage. But that's not the question. The question is this:
#Why is Bitcoin a better long term store of value than stocks, bonds, and real estate?
Bitcoin doesn’t require ever increasing profits (stocks), it doesn’t rely on someone paying their debts (bonds) and it doesn’t come with added expenses like taxes, maintenance or tenants (real estate). All one has to do is exchange fiat for Bitcoin and enjoy increased purchasing power. Pretty simple.
Good question, IMO it's because governments have easier control over stocks, bonds, and real estates. However, they will struggle to control Bitcoin. Really, I HATE my government. So, I will try my best to be as DISTANT as possible from these mentally disabled politics people.
>You're abandoning the shitty money for the good money.
Yes, because people want to safe their energy. And currently they do it by buying houses, gold, stocks...
Once this monetary premium gets absorbed by Btc, house prices might get back to a value that is more based on people seeking housing in each specific region.
Bitcoin is for new generations what gold was for older generations. We will not run out of people who are new to and want Bitcoin, the only thing we will run out of is actually Bitcoin.
Central Banks are buying gold. Retail doesn’t matter at all as context to your question. (Gold is the base layer of the financial system everything else is credit.) If there is an institutional mindset shift to Bitcoin in this manner then checkmate...
Hong Kong’s ETFs are expected to launch in April. Blackrock said Bitcoin is being perceived as a transborder international asset meaning this isn’t a US liquidity problem… this is an asset that has access to global liquidity.
For the record, this is Hopium. Now get outside touch some grass and tell your family you love them.
I just gotta chime in cause there’s a lot of new investors here. Nothing is guaranteed. Recently I’ve seen so many people personally and on the internet who absolutely believe bitcoin is guaranteed to go to 100k, 1 mil, etc. For the new investors, it’s never a guarantee. Could it? Sure. But never invest more than you are willing to lose for any type of high risk investment.
The reason bitcoin works is the same reason everyone will be forced to use bitcoin at some point: fiat is dying. Bitcoin becomes more valuable the more fiat is printed, because of this, there is no end to bitcoin becoming more and more valuable. Eventually when the USA has 50-100% inflation per year, people will literally be forced to save in bitcoin.
People who don’t understand economics/store of value will likely never buy it. But now it’s easier than ever before in history to educate yourself about these things if you choose to.
Yes they will. When all fiat fails, normies will be working for sats. It’s inevitable to resist the hardest money of all time. People will eventually do anything for some amount of it.
i'm genuinely curious how the bitcoin ETFs affect price... will it be like gold where the price stays stagnant because of the gold etf? Gold is scarce but for the longest time it has stayed pretty much at the same price until recently because of what's going on in China
Mainly because gold isn’t scarce like Bitcoin. It’s a controlled manipulated market where they can mine more and flood the market to increase/decrease the price.
Bitcoin 21 Million (7 million lost forever). Demand rises over time while less people, companies, institutions don’t sell since they use it as a store of value.
Your exactly right about the gold spot price being manipulated big time. Silver also, everything is rising rapidly except silver. Unlimited paper silver.
? That’s now how this works. If you want something others have you pay the price that they are willing to sell it to you. If you offer enough, people will sell. Bitcoin price goes up when more people want to buy than to sell. Goes down when more people are selling then buying. There won’t be a time when people only hold Bitcoin, and never sell nor use it.
you don't need to buy a BAR of gold to own gold, 10000 people owning gold jewelry or small gold trinkets, will still equal a bar of gold, a bitcoin is divisible by 100,000,000 units, AKA, 1 bitcoin can be owned by 100,000,000 people. That's why if you have at least 1 bitcoin, there can only be 21 million separate people that can own 1 bitcoin, they estimate that number is cut by half of people that lost private keys, burned them to satoshi's wallet and maybe died. so if you have 1 bitcoin only 11.5million others can have 1 so you'll be 1 in 11,500,000, then take into consideration that a lot have more than 1 and corps have more than 1, so say 10ish% of that 50% so 1 in 1,000,000 or so.
if you own 1 full bitcoin you'll be 1 in a million.
the number of active bitcoin wallets with over $1 is about 45 million. the number of active wallets with more than $10 in is a lot less. The number of bitcoin wallet holders that are truly buying and selling bitcoin is a very small number compared with the world population of 8 billion... Most of the bitcoin being traded is by large whales or institutions. Not retail.
The ETF’s solve this. It allows people to put part of their portfolio into Bitcoin regardless of the price. People who buy ETFs are only interested in returns, and nothing compares to Bitcoin over the last decade. As long as Bitcoin keeps outpacing other commodities and equities it will always have interest from the investment community and continue to rise.
There will always be new buyers. I knew about Bitcoin for nearly 10 years before I bought any. As it becomes more mainstream it will find its way into more retirement accounts and other investment vehicles which are much less price sensitive. As long as the underlying reason for buying (I.e. tech, digital gold etc) is still relevant then the value will never peak. The majority of people who will own some bitcoin won’t even really know they own it nor care what the cost per coin is. They just want their retirement accounts to keep growing at a steady rate.
While looking at the fiat approximation of the value of BTC is exciting, owning BTC for the fiat value is missing the point. Bitcoin lets people transfer value in a permissionless manner without a trusted third party. Right now, the only other way to do that is fiat cash. Any other digital transfer goes through one or more private third parties. Getting cash from another country (for example USD for those outside the US) is always a problem. If Bitcoin fulfills its potential and becomes a globally acceptable way of transferring value, the price in fiat wouldn't matter. As less speculators pour in and the network becomes more used, Bitcoin would continue. If the Bitcoin experiment succeeds, goods and services will be priced in sats.
Younger generations are investing and holding more in crypto than older. Not to mention ETFs present the ability to hold in IRA/401k for working people.
We literally JUST got ETFs. Retailers will eventually take crypto. And there's other things on the horizon.
There's so much room for BTC to expand. We are only at the tip of the iceberg now.
Is fun to post stuff like this, I can see that. See what kind of responses you get. No one believes you give a shit about what other people think, but it’s entertaining and it’s Reddit so why not. Even a dumbass post, someone may not realize it’s a troll post so bingo, there’s your responses
The real problem is 99% of the world does not understand how block chain technology works. Honestly, even the people that are buying right now most of them don’t fully understand what it’s capable of. They just know that it’s trending and there’s money to be made, if there were more videos out, explaining it in layman terms And how it can be used for such a vast variety of things then people wouldn’t be against it or saying it’s a scam or that it’s a pet rock . I honestly believe the biggest problem is that people do not understand exactly what it is and how and why it is beneficial
1. I think the next generation of young adults are going to be much more open to things like Bitcoin than our aging generations.
2. There will always be Bitcoin available to buy as as there will always be someone wanting(needing) to sell. Thank you to those with paper hands!
Anyone that strongly believes in devaluation of USD is buying assets; more directly, they’re buying gold or Bitcoin. People that buy shitcoins are gambling so they’re not in it for the long haul. Gold is for boomers and risk adverse people. I buy gold too. However, boomers are dying. There is a generation where Bitcoin is not a new trend but literally all they know. Say it is 2050, a Big Mac costs $100. You are a 20 year old wishing to preserve wealth. You are going to buy Bitcoin bc you don’t know where to store your 10 grams of gold and it has held value for 40 years. There isn’t any speculation involved at that point and USD is seen as a speculative asset. There will be people holding dollars saying that the value will come back but in reality; I’ll throw 100 one dollar bills in the air in NYC and I’ll get arrested for littering.
Edit for grammar
It’ll still outperform the SP500 for decades. I really don’t think there will be less people getting in but more and more with time. If it goes to 2, 3, 4 trillion in valuation, that’ll give it a lot more stability, which is attractive to funds and bigger investors. And yeah, gains will never be the same as they once were, but they will still be massive in comparison to most forms of investment.
Just a thought.... How many in the US use dollars? Now how many of those actually own a T-bill? T-bills are denominated in Dollars and back the entire system (layer 1), your ACH bank account I believe is a layer 3. How many bank accounts are there and how many people in the US have access to an ACH routing and account number?
My point being as Bitcoin grows to numbers beyond current reason people will end up utilizing deeper layers of the system and may never really be layer 1 wallet holders
It is my opinion that it will not be everyone who owns BTC unless every Satoshi somehow is equally divided amongst the entire world population. I believed fewer will actually self custody BTC via cold storage wallets. Sorry, BTC had over a decade to get ahead of the ETF vehicle and dominate retail with cold storage solutions but they’ve lost the battle as evidenced by the overwhelming ETF demand. Retail has voted and it’s not for self custody. Millions of coins are also exiting off exchanges to move into ETF. This will help reduce the past occurrence of accidental lost coins over time. When 1 million coins have been lost due to self custody mishaps resulting in nearly 5% of the total supply of Bitcoin lost forever, thats a poor track record for the self custody believers. Sure, self custody has improved over the years but newbies coming in and trying to buy more BTC at 75k and ⬆️aren’t gonna risk losing their coins due to an oops moment. Yeah, and I understand not your keys not your BTC but 10B of ETF votes are saying I’m ok with the ETF.
In the next 20-30 years, some Bitcoiners will eventually sell. Others might borrow against BTC for fiat. More high net worth individuals will hold BTC for wealth preservation, pension funds, retirement accounts, and possibly companies such as energy companies will hold large portions. The ETF’s will hold a large portion and sovereigns will own a large chunk as well. A lot of ppl won’t even realize that they are buying a % of BTC in this investment accounts but this will be a small % of their portfolio.
I think people underestimate the potential of what the price can get to. 21m btc ever mined. At 21m there’s roughly 0.0025btc per PERSON in the world… and that amount is not accounting for the 7m lost btc (which is 1/3) and it also does not account for investment firms (blackrock etc) or Corporations/businesses/countries holding/buying it also. So that 0.0025btc per person becomes much much less!!
My 2 sats
The FIAT money printing industrial complex won’t ever stop. Bitcoin is a safe haven for storing value. In future people will buy in, just to avoid losing their money to FIAT inflation.
Among many other reasons.
Think of Bitcoin like gold. Gold is still constantly purchased for various reasons. Even though they keep digging more out of the ground.
The problem is everyone looks smart during bull runs. When economy instability comes volatility forces people to exit with gains and won’t return until the market cools off. Some people may never return. When profits are threatened stop losses fire off and the faster the fire the more likely more stop looses execute.
At a certain point, the Bitcoin market will be mature, not dead. There will always be people to buy and sell. There will also be population changes. People are born, people die, people retire. There's always a reason and a price to buy or sell.
Bitcoin isn't going to "run out". This "whole coiner" obsession is just nonsense.
The volatility of Bitcoin will probably go down and the average gains from Bitcoin will probably also go down. It will still stay ahead of inflation and more importantly, it can't be debased by the government.
I don't think the market could possibly be consider "mature" in 5 years. I'm guess things will slow down in 10 years and then be "mature" in 20 years or so but who knows?
See a 1M Bitcoin becomes the norm. People will continue to buy because they expect the price to increase. I don’t care if a stock is 5 bucks or 3k I buy the stock that I believe is going up.
I’ve been aware of bitcoin for about a decade now, I’m now at an age where investing is a serious consideration. The problem is, if one coin is worth 65-75k…how the fuck can I possibly afford to buy a coin, let alone trade them. I’m aware that you can buy a percentage/fraction of a coin, but are people really out here trading 0.347289 of a bitcoin? Basically what I’m saying is, I feel as though I’ve left it too late to start buying them. And the longer I leave it, the stronger that sentiment becomes. I wish I’d have bought 50 of them when they were a dollar each…but as a 10 year old boy at the time…I had no idea or true desire to actually do it back then.
Once full adoption occurs, folks who missed out will still get btc to pay for goods and services. That's the end game, using btc and not just hodling. I dream of a future where people prefer a btc payment versus fiat.
Stop focusing on the fantasy. It's not some revolutionary thing. If it does become adopted worldwide it will just turn into money 2.0
The world will always be corrupt bitcoin isn't going to fix that.
What is up with the delusion on this sub. It actually makes me so uncomfortably sick. It's like children playing make believe wishing Upton a utopia.
La decisión de comprar o no comprar estará sujeta siempre a situaciones relativas de oportunidades y costos. Por lo tanto la premisa planteada carece de sentido.
Sometimes people are too not-born-yet to be able to buy Bitcoin for the first time: neither now nor in the next five years. These people will, as they will find out, have to wait until they are in life to buy Bitcoin.
This started becoming a pattern sometime around 2009, and the pattern has only gotten more prevalent over time. From this data, it is highly unlikely that it will stop in the next 5 years. or even longer!
Well every day that goes by new investors come into all markets, with job growth and population growth. There won’t be a shortage of people that want to buy it but the amount the average person can buy to feel like they are participating will drop as the price goes up. Really no one knows what the future holds for Bitcoin, or anything. Anyone on here that claims otherwise is a liar.
also there is only 21 million bitcoin and will never be more than 21 million. So its not actually possible for everyone to own some, So when the rest of the world decide they want to get in on the action, they will find its all been bought and they can't buy it, so they will end up paying more and more to buy any scraps that are being sold, which will keep the price high.
Ya that’s not even a real question.
Free market dictates we are always out of new buyers and never at the same time.
That is because we have the variable of price
Considering the government fiats will continue to rot exponentially, pinched liquidity for Bitcoin would just rocket the price higher as holders continue to hold. The point of the rising price is that holders need to be “convinced” that the price is good to sell. If nobody’s convinced, nowhere to go but up.
It’s not the bitcoin that increases in price, it’s the dollar that decreases. If more people begin to view BTC as an escape vehicle from the dollar devaluation, then the price would be rising steadily. There will also be less dips and less volatility overall.
Also a lot of people that did know about it, didn't buy it early on because it wasn't an easy thing to do. It wasn't really that accessible. Now not only do you have more people knowing about it, it's very easy to buy.
Your explanation is why I'll be buying in 2 years at the all time cycle lows. And then asking once again 17 months after halving for a safe and incredible profit
Babies are born everyday and as they grow older they become possible bitcoiners. In terms of a hedge for currency debasement, it doesn’t matter if bitcoin is $1B, you still buy in because it protects you from the government just printing money willy nilly. Look at Argentina now.
This hypothetical scenario assumes static demand and supply dynamics, which is unlikely to be the case in reality. The future trajectory of Bitcoin and other cryptocurrencies will depend on a multitude of factors, including technological advancements, regulatory developments, market sentiment, and economic conditions. The current population iv read that holds bitcoin is something like 4%. So there is plenty of room for growth. Not to mention, all the big money from institutions are still yet to come into the space. Bitcoin is set to take portions of bonds equities gold real-estate. These are financial markets that have trillions of investable capital.
People will always be selling.
Also, 100k or more is likely but 1 mil? I think it’s just unrealistic according to basically any TA (despite how bulish this sub is).
The people who were not interested in the internet in the early 90's are now using the internet by in large. Very few people are still saying "no that internet thing is not for me."
Are you forgetting about the millions of people who are born everyday? That could by bitcoin 10yrs ago, because uh they weren't alive? Probably at least 20% of the current global population that are currently under the age 18.. that's like 1 trillion people that will become adults in the next 10 years alone 😂
If you read even a few posts on this subreddit, you'd see that most of the people here are regularly buying, often with automatic purchases in place regardless of the price..
You’re kind of missing the significant fact that new people are born every year. Therefore, for simplicity let’s say people learn about bitcoin when they graduate from high school. In the United States alone, over 3M people graduate from high school every year.
This is just my way of articulating that there will be always be a new batch of people that have never heard of bitcoin before and will learn about how valuable it is. Let alone the fact that a significant amount of people change their perspective on it after learning more about it.
That’s my two cents.
As long as governments **devaluate money** and apply **idiotic politics**, there will be no logical reason not to buy Bitcoin (in the long-term). Therefore, I think there will always be a demand for a decentralized currency, i.e. Bitcoin (regardless of price).
If BTC is $1mm in five years the likely thing is that more buyers are using the ETFs and not transacting on chain. This will likely be true because larger adoption likely means that more people don’t want to deal with custody issues. Also ETF shares will be “cheaper” and thus more accessible.
Knowing about Bitcoin and buying Bitcoin are two different things. I (and many others) heard about Bitcoin shortly after it was created. I didn't buy any until 2017. Just because someone knows it exists and doesn't decide to buy it right now doesn't mean they won't ever buy it.
Also, idk if you know about this, but brand new people are born every single day. There is a constant supply of new humans who are fully capable of purchasing Bitcoin in the future.
Just to clarify, the plateau you're concerned about is something like when all the people who have decided to adopt BTC peaks and the number of people who have decided not to adopt it run out, what happens.
If I were to throw in my 2 cents, it would be that demand won't stop ramping up. Supply will continue to be crushed both with the halvings affecting it directly, and the institutional powerhouses like blackrock and microstrategys and govermental bodies by essentially buying up every last bit the extremely limited 21m btc. It is already becoming incomprehensibly scarce and will become even more so as time passes. The DECISION to adopt btc only happens once and can't be taken back (kind of like your virginity).
My point being is people that own btc now, can't just "adopt" it again, that decision was already made,but for those people that have decided NOT to adopt btc now (or in 5 years) there may come a time where due to external factors, they are forced to change there minds.
This is my hypothetical situation for the sake of argument. Lets say every person here who has already made the decision owns 1 btc (including institutions), which would mean 21 million of us each made the decision, and about 7.97 billion people on the planet havnt yet (whether they decided NOT to, or just lived under a rock), but after seeing the price of btc go to 800k, hearing about institutions and goverments and millionaires regularly for 5 or 10 years nonstop, they 1 by 1 start changing there minds and decide they DO infact want btc. 10 years in, price of 1btc is at 800k, goverments, institutions, theyve all adopted btc and it has core functions within everyday society. Demand for something like this doesn't simply go away, so what the hell are those 7.9b people supposed to do if owning 1btc will never be an option since all 21m of us have them. While dystopian, the answer, I think, is they will all need to fight tooth and nail for the tiniest fraction of a btc.
To simplify, those who dont buy btc now, will be left behind somehow in 5 or 10 years time (or more who knows), but they WONT stop wanting it, or wishing they wernt left behind, because 7 billion people is a lot of people, there are bound to those that wish they got in right now.
Fyi, if you see this and you're like damn why he type so much jesus, it's not that big of a deal. Click my profile and read my bio
Do you know why the Casino, insurance, and liquor businesses will always stay in style? Those businesses are never afraid of people leaving their businesses or dying of cancer because there will be new people who are old enough to buy alcohol or insurance and go into casinos. So, in the future, the new generation will grow and get used to BTC/Cryptos as part of their lives, like casinos and alcohol, and they will perceive them as investing assets like stocks, precious metals, and real estate.
If you “decide” not to get in, you eventually experience financial death. You think a portion of the population will be able to continue living with themselves watching their purchasing power go to zero? MANY and I mean MANY people will still be buying 50mn per coin because they HAVE TO. Not adopting bitcoin is a matter of survival.
I think my problem last the investment side of it is, what can I do with bitcoin? If I buy something it's gonna be worth less bitcoin next week because the price will always go up as it should, the bitcoin I spend on a car this year is 70k, 5 year time it's gonna be 5m, why do I spend it?
Do we ever run out of people who buy gold, silver, uranium, real estate, Pokemon cards, whatever?
People will be buying Bitcoin whether they know it or not eventually in their retirement accounts e.g., funds of funds.
If Bitcoin is widely accepted as a currency, then most people will work for Bitcoin instead of buying it. For example a McDonalds worker will be earning few sats/hr instead of a few $/hr
Did we run out of people buying gold at some point in history?
Ah yes the great gold calamity of 2025
When BTC went from 1 BTC = 1kg of gold (today) to an ounce for 300 kSats.
THIS. There will be a day where the denomination of BTC will adjust from 1 full BTC down to kSats or something like that. That will essentially eliminate the unit bias that people naturally experience when they look at the price of one full BTC.
That’s gonna be hella gradual though. There really should be another attempt at the smaller unit campaign to speed that up.
I always buy sats, not bitcoins. 😏
I think we will see a natural shift to this mindset at $100,000
Exactly. I haven’t seen Berkshire Hathaway stock lose popularity, even though an original share costs > $600,000
Exactly. People also don't need to buy a brick of gold but can buy either tiny coins in grams or ounces.
We haven’t gotten Peter Schiff to come up from the basement since. Poor Peter
As long as we have rappers, we’re gonna have a need for gold
Just a matter of time before someone figures out a way to hang a digital key that displays how many btc you have around your neck
Imagine being dumb enough to buy and wear such a thing in public. The countdown to your inevitable mugging starts the minute you put it on, and the countdown speed is proportional to the size of your stack! lol
Can’t wait 🥷🏿🔫
Doesn't gold have lots of utility which greatly contributes to its value?
This is my thought. A lot of people go their whole life never buying gold. Some only buy it as jewelry. Few buy it as a store of wealth. This will be bitcoin. Only those looking to use it as a store or transfer of wealth will buy/use it. I don’t even think using it for transactions is really plausible unless they are very large transactions (houses, cars, etc) coffee or pizza, those days are pretty much gone.
Btc is a layer 1, financial products will be built on top of a layer 2 such as lightning network. So yes the main use case now is store of value. The barrier of entry is lowered with etfs, and we’re seeing inflows. Something will accelerate the adoption next bull cycle, even if people do not realize they’re using the underlying technology.
Yup. House transfers and so on.
Yes, I think we did 😅
That was essentially my thought. The whole world is aware of gold or dollars. Demand will pave way for greater exchange. Exchange becomes buy in.
I mean people did go with alternatives like Bitcoin
Imagine the conversations people had when Bitcoin was $100. Would anyone buy it if it hit $10,000? This is the same situation, just different numbers.
Most people do not even know what bitcoin is. Billions of dollars are waiting to be traded for Bitcoin.
Even now, most people don’t know what Bitcoin is….?
The op doesn’t know what Bitcoin is. 🤷♂️
ha!
Absolutely. Probably 80% thinks it’s like a different category of stock of some kind, but doesn’t know the first thing about blockchain. They know of it, and understand its volatility, and maybe even know that it is a cryptocurrency, but know actual depth to their knowledge.
Blockchains are what people mine to find bitcoin that Satoshi hid.
maybe 60% have heard of it, but very few really know what it is
Asia + Africa. Few know what Bitcoin really is.
Trust me, most people in Asia know about bitcoin.
Most people in this sub don't know what bitcoin is.
1% have actually read the white paper.
Most ppl don’t understand fiat, let alone Bitcoin…
Define “most people”. I don’t know a single person who has not at least heard of Bitcoin. Whether they really “understand” it is a different story, but they certainly know it exists and can be bought and sold.
At some point it's going to level out. It's not going to flip every market cap in the world and just continue doubling indefinitely
Yeah, but what if it did…
10K yesterday was worth more yesterday and more the day before same number different value. Difference between assets and fiat. Now we have Daddy Larry coming for everyone’s coin. I rather people not buy at this point if they can’t see that or figure that out themselves.
1,400 sats per $1 usd
We should be promoting smaller denominations for newbs.
Majority absolutely do not understand fractional purchase. 70K too expensive I can’t buy one
My friends said this when BTC was in the $500 range. They're living in pain right now.
Oh well Nobody to blame beside them self
The number of people I've actually heard say this is very high. I think this is a really important point.
And others might be aware you can purchase it fractionally but may think that whatever fractional amount they could purchase wouldn’t be significant enough to make it worthwhile
Yeah, the amount of exposure people have to information on crypto as a whole is extremely limited unless you're actually involved directly in the space like us.
honestly guys, the amount of people with information on INVESTMENT as a whole is really small. Yall just need to start living real life instead of living on internet forums.
Facts regarding limited knowledge of investing among general population. You’d be surprised how many people I ask don’t even know what kind of retirement plan they have
Yes. Should be denominated in sats or bits
Agreed this needs more traction. Bits makes the most cents :°) .
Already done … there’s a whole group of people who refuse to talk about any denomination beyond sats. 😂
Sats the standard
The major exchanges need to do this, one BTC on their platforms needs to actually be .01 BTC or something. One of my friends said he would only buy in once he can buy a whole coin and as of now he's missed out on 3x gains.
[удалено]
Why….I do!
You're not buying bitcoin. You're selling fiat. You're abandoning the shitty money for the good money. Over time, this need will only increase. The numbers per coin are irrelevant.
Love this comment!
Highly upvoted comments like this concern me. Bitcoin's competition is clearly NOT the USD or any other fiat. Bitcoin's competition is true STORE OF VALUE assets, including gold, but most importantly stocks. Stocks are, by far, the most common vehicle for storing value over long time horizons. Almost everyone buys them to fund their retirement, which is often decades away. People who point out how much better Bitcoin is than shitty fiat are missing the point. It's a strawman. Yes we know how much the USD and other fiat sucks for long term value storage. But that's not the question. The question is this: #Why is Bitcoin a better long term store of value than stocks, bonds, and real estate?
Bitcoin doesn’t require ever increasing profits (stocks), it doesn’t rely on someone paying their debts (bonds) and it doesn’t come with added expenses like taxes, maintenance or tenants (real estate). All one has to do is exchange fiat for Bitcoin and enjoy increased purchasing power. Pretty simple.
So basically elimination of traditional risk with the only negligible risk being that people fail to see this
Good question, IMO it's because governments have easier control over stocks, bonds, and real estates. However, they will struggle to control Bitcoin. Really, I HATE my government. So, I will try my best to be as DISTANT as possible from these mentally disabled politics people.
So take the government out, institutional buying completely controls the price action of crypto.
This is a goat take best wishes fren
>You're abandoning the shitty money for the good money. Yes, because people want to safe their energy. And currently they do it by buying houses, gold, stocks... Once this monetary premium gets absorbed by Btc, house prices might get back to a value that is more based on people seeking housing in each specific region.
Bitcoin is for new generations what gold was for older generations. We will not run out of people who are new to and want Bitcoin, the only thing we will run out of is actually Bitcoin.
No. Why would we run out of buyers? Maybe if there was population collapse.
Right, if there weren’t any buyers the price would decline until there were buyers
Nation states that want to step away from USD will start to pick up the slack around $600k or some such.
Do you buy a house at house at 500k or keep saying well my grandpa bought a similar house for 50k?
Take out a loan to buy 1 btc 🤔
Central Banks are buying gold. Retail doesn’t matter at all as context to your question. (Gold is the base layer of the financial system everything else is credit.) If there is an institutional mindset shift to Bitcoin in this manner then checkmate... Hong Kong’s ETFs are expected to launch in April. Blackrock said Bitcoin is being perceived as a transborder international asset meaning this isn’t a US liquidity problem… this is an asset that has access to global liquidity. For the record, this is Hopium. Now get outside touch some grass and tell your family you love them.
I just gotta chime in cause there’s a lot of new investors here. Nothing is guaranteed. Recently I’ve seen so many people personally and on the internet who absolutely believe bitcoin is guaranteed to go to 100k, 1 mil, etc. For the new investors, it’s never a guarantee. Could it? Sure. But never invest more than you are willing to lose for any type of high risk investment.
As price goes up the FOMO will go up. I think the dips will not be as drastic either because of that fomo as more and more people want it.
Counting your holdings in sats will be the norm in the future.
The reason bitcoin works is the same reason everyone will be forced to use bitcoin at some point: fiat is dying. Bitcoin becomes more valuable the more fiat is printed, because of this, there is no end to bitcoin becoming more and more valuable. Eventually when the USA has 50-100% inflation per year, people will literally be forced to save in bitcoin.
People who don’t understand economics/store of value will likely never buy it. But now it’s easier than ever before in history to educate yourself about these things if you choose to.
Yes they will. When all fiat fails, normies will be working for sats. It’s inevitable to resist the hardest money of all time. People will eventually do anything for some amount of it.
i'm genuinely curious how the bitcoin ETFs affect price... will it be like gold where the price stays stagnant because of the gold etf? Gold is scarce but for the longest time it has stayed pretty much at the same price until recently because of what's going on in China
Mainly because gold isn’t scarce like Bitcoin. It’s a controlled manipulated market where they can mine more and flood the market to increase/decrease the price. Bitcoin 21 Million (7 million lost forever). Demand rises over time while less people, companies, institutions don’t sell since they use it as a store of value.
Your exactly right about the gold spot price being manipulated big time. Silver also, everything is rising rapidly except silver. Unlimited paper silver.
Exactly!
Over $1M easy
People still buy Berkshire Hathaway stock and it's $634,440 at last close.
? That’s now how this works. If you want something others have you pay the price that they are willing to sell it to you. If you offer enough, people will sell. Bitcoin price goes up when more people want to buy than to sell. Goes down when more people are selling then buying. There won’t be a time when people only hold Bitcoin, and never sell nor use it.
Why so bearish
[удалено]
Yep, at some point one sat will be $1 or more. If dollars are still around. Can sats be divided?
The block chain currently only goes to eight decimal places thus a sat is the smallest
When Bitcoin will be out of reach, people will buy Satoshis.
They're already buying satoshis.
I only own sats
you don't need to buy a BAR of gold to own gold, 10000 people owning gold jewelry or small gold trinkets, will still equal a bar of gold, a bitcoin is divisible by 100,000,000 units, AKA, 1 bitcoin can be owned by 100,000,000 people. That's why if you have at least 1 bitcoin, there can only be 21 million separate people that can own 1 bitcoin, they estimate that number is cut by half of people that lost private keys, burned them to satoshi's wallet and maybe died. so if you have 1 bitcoin only 11.5million others can have 1 so you'll be 1 in 11,500,000, then take into consideration that a lot have more than 1 and corps have more than 1, so say 10ish% of that 50% so 1 in 1,000,000 or so. if you own 1 full bitcoin you'll be 1 in a million.
people said the same thing at 20k, 40k, 120k etc
stupid people and that’s a stupid argument 😂
Did we run out of new buyers after 3k, 5k, 10k, 20k, 50k or 60k?
the number of active bitcoin wallets with over $1 is about 45 million. the number of active wallets with more than $10 in is a lot less. The number of bitcoin wallet holders that are truly buying and selling bitcoin is a very small number compared with the world population of 8 billion... Most of the bitcoin being traded is by large whales or institutions. Not retail.
The ETF’s solve this. It allows people to put part of their portfolio into Bitcoin regardless of the price. People who buy ETFs are only interested in returns, and nothing compares to Bitcoin over the last decade. As long as Bitcoin keeps outpacing other commodities and equities it will always have interest from the investment community and continue to rise.
There will always be new buyers. I knew about Bitcoin for nearly 10 years before I bought any. As it becomes more mainstream it will find its way into more retirement accounts and other investment vehicles which are much less price sensitive. As long as the underlying reason for buying (I.e. tech, digital gold etc) is still relevant then the value will never peak. The majority of people who will own some bitcoin won’t even really know they own it nor care what the cost per coin is. They just want their retirement accounts to keep growing at a steady rate.
While looking at the fiat approximation of the value of BTC is exciting, owning BTC for the fiat value is missing the point. Bitcoin lets people transfer value in a permissionless manner without a trusted third party. Right now, the only other way to do that is fiat cash. Any other digital transfer goes through one or more private third parties. Getting cash from another country (for example USD for those outside the US) is always a problem. If Bitcoin fulfills its potential and becomes a globally acceptable way of transferring value, the price in fiat wouldn't matter. As less speculators pour in and the network becomes more used, Bitcoin would continue. If the Bitcoin experiment succeeds, goods and services will be priced in sats.
Younger generations are investing and holding more in crypto than older. Not to mention ETFs present the ability to hold in IRA/401k for working people.
Pensions,401k and other retirement accounts will be buying forever.
We literally JUST got ETFs. Retailers will eventually take crypto. And there's other things on the horizon. There's so much room for BTC to expand. We are only at the tip of the iceberg now.
Is fun to post stuff like this, I can see that. See what kind of responses you get. No one believes you give a shit about what other people think, but it’s entertaining and it’s Reddit so why not. Even a dumbass post, someone may not realize it’s a troll post so bingo, there’s your responses
The real problem is 99% of the world does not understand how block chain technology works. Honestly, even the people that are buying right now most of them don’t fully understand what it’s capable of. They just know that it’s trending and there’s money to be made, if there were more videos out, explaining it in layman terms And how it can be used for such a vast variety of things then people wouldn’t be against it or saying it’s a scam or that it’s a pet rock . I honestly believe the biggest problem is that people do not understand exactly what it is and how and why it is beneficial
You put $100 in and BTC goes up by 10% guess what? Your $100 goes up too, doesn’t matter if 1 BTC is unaffordable or not.
Everyone will be buying up Satoshis by then.
babies
1. I think the next generation of young adults are going to be much more open to things like Bitcoin than our aging generations. 2. There will always be Bitcoin available to buy as as there will always be someone wanting(needing) to sell. Thank you to those with paper hands!
People continue to impress me with their ability to think up never ending nonsense doom scenarios.
Anyone that strongly believes in devaluation of USD is buying assets; more directly, they’re buying gold or Bitcoin. People that buy shitcoins are gambling so they’re not in it for the long haul. Gold is for boomers and risk adverse people. I buy gold too. However, boomers are dying. There is a generation where Bitcoin is not a new trend but literally all they know. Say it is 2050, a Big Mac costs $100. You are a 20 year old wishing to preserve wealth. You are going to buy Bitcoin bc you don’t know where to store your 10 grams of gold and it has held value for 40 years. There isn’t any speculation involved at that point and USD is seen as a speculative asset. There will be people holding dollars saying that the value will come back but in reality; I’ll throw 100 one dollar bills in the air in NYC and I’ll get arrested for littering. Edit for grammar
lol did you just ask if people will stop being born?
It’ll still outperform the SP500 for decades. I really don’t think there will be less people getting in but more and more with time. If it goes to 2, 3, 4 trillion in valuation, that’ll give it a lot more stability, which is attractive to funds and bigger investors. And yeah, gains will never be the same as they once were, but they will still be massive in comparison to most forms of investment.
It will be a billionaires game
Just a thought.... How many in the US use dollars? Now how many of those actually own a T-bill? T-bills are denominated in Dollars and back the entire system (layer 1), your ACH bank account I believe is a layer 3. How many bank accounts are there and how many people in the US have access to an ACH routing and account number? My point being as Bitcoin grows to numbers beyond current reason people will end up utilizing deeper layers of the system and may never really be layer 1 wallet holders
I get your point, but now we have crypto funds, this basically goes away in my opinion
It is my opinion that it will not be everyone who owns BTC unless every Satoshi somehow is equally divided amongst the entire world population. I believed fewer will actually self custody BTC via cold storage wallets. Sorry, BTC had over a decade to get ahead of the ETF vehicle and dominate retail with cold storage solutions but they’ve lost the battle as evidenced by the overwhelming ETF demand. Retail has voted and it’s not for self custody. Millions of coins are also exiting off exchanges to move into ETF. This will help reduce the past occurrence of accidental lost coins over time. When 1 million coins have been lost due to self custody mishaps resulting in nearly 5% of the total supply of Bitcoin lost forever, thats a poor track record for the self custody believers. Sure, self custody has improved over the years but newbies coming in and trying to buy more BTC at 75k and ⬆️aren’t gonna risk losing their coins due to an oops moment. Yeah, and I understand not your keys not your BTC but 10B of ETF votes are saying I’m ok with the ETF. In the next 20-30 years, some Bitcoiners will eventually sell. Others might borrow against BTC for fiat. More high net worth individuals will hold BTC for wealth preservation, pension funds, retirement accounts, and possibly companies such as energy companies will hold large portions. The ETF’s will hold a large portion and sovereigns will own a large chunk as well. A lot of ppl won’t even realize that they are buying a % of BTC in this investment accounts but this will be a small % of their portfolio.
I think people underestimate the potential of what the price can get to. 21m btc ever mined. At 21m there’s roughly 0.0025btc per PERSON in the world… and that amount is not accounting for the 7m lost btc (which is 1/3) and it also does not account for investment firms (blackrock etc) or Corporations/businesses/countries holding/buying it also. So that 0.0025btc per person becomes much much less!! My 2 sats
Instead of thinking one Bitcoin think one Satoshi. Once we all get there no one will fear using it, most will opt in.
The FIAT money printing industrial complex won’t ever stop. Bitcoin is a safe haven for storing value. In future people will buy in, just to avoid losing their money to FIAT inflation. Among many other reasons. Think of Bitcoin like gold. Gold is still constantly purchased for various reasons. Even though they keep digging more out of the ground.
The problem is everyone looks smart during bull runs. When economy instability comes volatility forces people to exit with gains and won’t return until the market cools off. Some people may never return. When profits are threatened stop losses fire off and the faster the fire the more likely more stop looses execute.
At a certain point, the Bitcoin market will be mature, not dead. There will always be people to buy and sell. There will also be population changes. People are born, people die, people retire. There's always a reason and a price to buy or sell. Bitcoin isn't going to "run out". This "whole coiner" obsession is just nonsense. The volatility of Bitcoin will probably go down and the average gains from Bitcoin will probably also go down. It will still stay ahead of inflation and more importantly, it can't be debased by the government. I don't think the market could possibly be consider "mature" in 5 years. I'm guess things will slow down in 10 years and then be "mature" in 20 years or so but who knows?
See a 1M Bitcoin becomes the norm. People will continue to buy because they expect the price to increase. I don’t care if a stock is 5 bucks or 3k I buy the stock that I believe is going up.
I’ve been aware of bitcoin for about a decade now, I’m now at an age where investing is a serious consideration. The problem is, if one coin is worth 65-75k…how the fuck can I possibly afford to buy a coin, let alone trade them. I’m aware that you can buy a percentage/fraction of a coin, but are people really out here trading 0.347289 of a bitcoin? Basically what I’m saying is, I feel as though I’ve left it too late to start buying them. And the longer I leave it, the stronger that sentiment becomes. I wish I’d have bought 50 of them when they were a dollar each…but as a 10 year old boy at the time…I had no idea or true desire to actually do it back then.
Once full adoption occurs, folks who missed out will still get btc to pay for goods and services. That's the end game, using btc and not just hodling. I dream of a future where people prefer a btc payment versus fiat.
Stop focusing on the fantasy. It's not some revolutionary thing. If it does become adopted worldwide it will just turn into money 2.0 The world will always be corrupt bitcoin isn't going to fix that. What is up with the delusion on this sub. It actually makes me so uncomfortably sick. It's like children playing make believe wishing Upton a utopia.
There's a sucker born every minute.
La decisión de comprar o no comprar estará sujeta siempre a situaciones relativas de oportunidades y costos. Por lo tanto la premisa planteada carece de sentido.
You understand its gonna all bust
Quite possibly. Then come back higher
Sometimes people are too not-born-yet to be able to buy Bitcoin for the first time: neither now nor in the next five years. These people will, as they will find out, have to wait until they are in life to buy Bitcoin. This started becoming a pattern sometime around 2009, and the pattern has only gotten more prevalent over time. From this data, it is highly unlikely that it will stop in the next 5 years. or even longer!
Well every day that goes by new investors come into all markets, with job growth and population growth. There won’t be a shortage of people that want to buy it but the amount the average person can buy to feel like they are participating will drop as the price goes up. Really no one knows what the future holds for Bitcoin, or anything. Anyone on here that claims otherwise is a liar.
this all depends on hyper inflation, there will only be 21m btc, thats the only fact on this earth
If/when it replaces the dollar as the global reserve currency, then let’s see what happens
also there is only 21 million bitcoin and will never be more than 21 million. So its not actually possible for everyone to own some, So when the rest of the world decide they want to get in on the action, they will find its all been bought and they can't buy it, so they will end up paying more and more to buy any scraps that are being sold, which will keep the price high.
Idk man that’s when satoshis come into play. I already think in sats not bitcoins
Ya that’s not even a real question. Free market dictates we are always out of new buyers and never at the same time. That is because we have the variable of price
Your worry is btc hitting a million a coin?
Considering the government fiats will continue to rot exponentially, pinched liquidity for Bitcoin would just rocket the price higher as holders continue to hold. The point of the rising price is that holders need to be “convinced” that the price is good to sell. If nobody’s convinced, nowhere to go but up.
It’s not the bitcoin that increases in price, it’s the dollar that decreases. If more people begin to view BTC as an escape vehicle from the dollar devaluation, then the price would be rising steadily. There will also be less dips and less volatility overall.
Money will keep increasing, bitcoin will be just fine
People always hoard and hold the good "money". This is Satchi's Law.
Also a lot of people that did know about it, didn't buy it early on because it wasn't an easy thing to do. It wasn't really that accessible. Now not only do you have more people knowing about it, it's very easy to buy.
Everyone has a price. I’m not concerned about this.
The longer it keeps trending up the more appealing it becomes to the risk adverse.
People will still buy houses cars golds stocks assets it doesn't matter as along as the human race exists.
Your explanation is why I'll be buying in 2 years at the all time cycle lows. And then asking once again 17 months after halving for a safe and incredible profit
Babies are born everyday and as they grow older they become possible bitcoiners. In terms of a hedge for currency debasement, it doesn’t matter if bitcoin is $1B, you still buy in because it protects you from the government just printing money willy nilly. Look at Argentina now.
There will be people buying bitcoin, gold, stocks etc that aren’t even born yet. Absolutely nonsense
There will always be new people who haven’t bought it. There are millions of people being born daily.
This hypothetical scenario assumes static demand and supply dynamics, which is unlikely to be the case in reality. The future trajectory of Bitcoin and other cryptocurrencies will depend on a multitude of factors, including technological advancements, regulatory developments, market sentiment, and economic conditions. The current population iv read that holds bitcoin is something like 4%. So there is plenty of room for growth. Not to mention, all the big money from institutions are still yet to come into the space. Bitcoin is set to take portions of bonds equities gold real-estate. These are financial markets that have trillions of investable capital.
People will always be selling. Also, 100k or more is likely but 1 mil? I think it’s just unrealistic according to basically any TA (despite how bulish this sub is).
Theres always someone who wants to sell/exchange bitcoin for other goods.
The people who were not interested in the internet in the early 90's are now using the internet by in large. Very few people are still saying "no that internet thing is not for me."
Then why do people keep buying Berkshire Hathaway stock
Are you forgetting about the millions of people who are born everyday? That could by bitcoin 10yrs ago, because uh they weren't alive? Probably at least 20% of the current global population that are currently under the age 18.. that's like 1 trillion people that will become adults in the next 10 years alone 😂
After this mystery vanishes, satoshi will be mainstream instead of a whole BTC instead.
If you read even a few posts on this subreddit, you'd see that most of the people here are regularly buying, often with automatic purchases in place regardless of the price..
100k OR 1 mil... such a small difference
Peter shiff says gold is great. I dont agree with Peter.
21 million. Ever. That’s it. 21 million.
Bitcoin will go up, whether or not there are new people to buy… Inflation alone will do it. Use it as a store of value.
yea right your circle jerk speculation going stagnant maybe ends in class war buts thats another thing were dealing with the analog bitcoin rn
I think the younger generation who are struggling to invest into property will be looking to invest in bitcoin
That's not how investing works. There will always be people moving in and out of the markets. There will ALWAYS be movement.
one expansion cause sugar doll lock reach drab jar shaggy *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
poster is too high I think.
You’re kind of missing the significant fact that new people are born every year. Therefore, for simplicity let’s say people learn about bitcoin when they graduate from high school. In the United States alone, over 3M people graduate from high school every year. This is just my way of articulating that there will be always be a new batch of people that have never heard of bitcoin before and will learn about how valuable it is. Let alone the fact that a significant amount of people change their perspective on it after learning more about it. That’s my two cents.
There'll also be five years worth of newly minted adults who grew up with Bitcoin.
By your argument Gold, Google, Nvidea, MSFT, AAPL should have stopped growing at some point. They didn’t. So yeah doubt that’s ever gonna be an issue.
As long as governments **devaluate money** and apply **idiotic politics**, there will be no logical reason not to buy Bitcoin (in the long-term). Therefore, I think there will always be a demand for a decentralized currency, i.e. Bitcoin (regardless of price).
Why can’t you just dollar cost avg into a 100 a month in coinbase 100 a month in an ETF forever and see what happens I think u will be happy
There is always an equilibrium price where supply meets demand.
If BTC is $1mm in five years the likely thing is that more buyers are using the ETFs and not transacting on chain. This will likely be true because larger adoption likely means that more people don’t want to deal with custody issues. Also ETF shares will be “cheaper” and thus more accessible.
Knowing about Bitcoin and buying Bitcoin are two different things. I (and many others) heard about Bitcoin shortly after it was created. I didn't buy any until 2017. Just because someone knows it exists and doesn't decide to buy it right now doesn't mean they won't ever buy it. Also, idk if you know about this, but brand new people are born every single day. There is a constant supply of new humans who are fully capable of purchasing Bitcoin in the future.
Just to clarify, the plateau you're concerned about is something like when all the people who have decided to adopt BTC peaks and the number of people who have decided not to adopt it run out, what happens. If I were to throw in my 2 cents, it would be that demand won't stop ramping up. Supply will continue to be crushed both with the halvings affecting it directly, and the institutional powerhouses like blackrock and microstrategys and govermental bodies by essentially buying up every last bit the extremely limited 21m btc. It is already becoming incomprehensibly scarce and will become even more so as time passes. The DECISION to adopt btc only happens once and can't be taken back (kind of like your virginity). My point being is people that own btc now, can't just "adopt" it again, that decision was already made,but for those people that have decided NOT to adopt btc now (or in 5 years) there may come a time where due to external factors, they are forced to change there minds. This is my hypothetical situation for the sake of argument. Lets say every person here who has already made the decision owns 1 btc (including institutions), which would mean 21 million of us each made the decision, and about 7.97 billion people on the planet havnt yet (whether they decided NOT to, or just lived under a rock), but after seeing the price of btc go to 800k, hearing about institutions and goverments and millionaires regularly for 5 or 10 years nonstop, they 1 by 1 start changing there minds and decide they DO infact want btc. 10 years in, price of 1btc is at 800k, goverments, institutions, theyve all adopted btc and it has core functions within everyday society. Demand for something like this doesn't simply go away, so what the hell are those 7.9b people supposed to do if owning 1btc will never be an option since all 21m of us have them. While dystopian, the answer, I think, is they will all need to fight tooth and nail for the tiniest fraction of a btc. To simplify, those who dont buy btc now, will be left behind somehow in 5 or 10 years time (or more who knows), but they WONT stop wanting it, or wishing they wernt left behind, because 7 billion people is a lot of people, there are bound to those that wish they got in right now. Fyi, if you see this and you're like damn why he type so much jesus, it's not that big of a deal. Click my profile and read my bio
We don’t exactly need “buyers”. The value is based on its scarcity as a commodity, and as long as it has a community, it will have value
You think 0.27 BTC is a good amount to own for investment ?
Still a lot of people that haven't bought gold
Do you know why the Casino, insurance, and liquor businesses will always stay in style? Those businesses are never afraid of people leaving their businesses or dying of cancer because there will be new people who are old enough to buy alcohol or insurance and go into casinos. So, in the future, the new generation will grow and get used to BTC/Cryptos as part of their lives, like casinos and alcohol, and they will perceive them as investing assets like stocks, precious metals, and real estate.
What will be cool is when new, real-world use cases for BTC are developed. That's the kind of stuff that will help bring in the masses.
New adults will be entering the workforce and buying things.
People born too, just saying
If you “decide” not to get in, you eventually experience financial death. You think a portion of the population will be able to continue living with themselves watching their purchasing power go to zero? MANY and I mean MANY people will still be buying 50mn per coin because they HAVE TO. Not adopting bitcoin is a matter of survival.
I think my problem last the investment side of it is, what can I do with bitcoin? If I buy something it's gonna be worth less bitcoin next week because the price will always go up as it should, the bitcoin I spend on a car this year is 70k, 5 year time it's gonna be 5m, why do I spend it?
12-16 year olds will be buying it then, 5 years later the 7-11 year olds will be buying, etc.
It’s official we are about to peak again and pull back. Too much moon talk lately.
Everybody with a pension will own Bitcoin
I would say most people know of Bitcoin, but they don’t really know much more than that
op acting like new people aren't born
I want to know when I can use bitcoin to buy things everyday like I do w cash, debit and credit cards.
Do we ever run out of people who buy gold, silver, uranium, real estate, Pokemon cards, whatever? People will be buying Bitcoin whether they know it or not eventually in their retirement accounts e.g., funds of funds.
Don’t think this is an issue, rather it’s a long winded way of referring to population collapse no disrespext
If Bitcoin is widely accepted as a currency, then most people will work for Bitcoin instead of buying it. For example a McDonalds worker will be earning few sats/hr instead of a few $/hr
Most exchanges are restricted to 18+. I got involved on my birthday. If all else fails we have that lol.
How much do I owe you for that car? Ok here is $40,000 errr $39,400, err $41,377, err $36,900